Rs 1,150 crore order book: Penny stock below Rs 70 bags order worth Rs 16,94,53,640 from National Highway Authority of India

The stock is up over 90 per cent from its 52-week low of Rs 36.23 per share.

Brahmaputra Infrastructure Limited (BIL) has announced the receipt of a Letter of Award (LOA) for a significant construction project from the National Highway Authority of India. This domestic Engineering, Procurement, and Construction (EPC) contract is valued at Rs 16,94,53,640 and focuses on comprehensive infrastructure development along the "Four-laning of Jorabat-Shillong (Barapani) section of NH-40 (New NH-6) from km 0.000 to km 61.800" in Assam and Meghalaya.

The project encompasses a range of crucial civil works, including the construction of a rainwater drainage system at 13th Mile near CASFOS, Byrnihat, a steel footpath along Bridge no. 59/4 on the left-hand side (LHS) and multiple Foot Over Bridges (FOBs) at various locations. Additionally, BIL will be responsible for building a service road, truck lay-by areas, and installing street light facilities along the designated project highway. The entire project is slated for completion within a timeframe of 12 months.

Founded in 1998, Brahmaputra Infrastructure Ltd. (BIL) is a versatile construction company with a strong foothold in diverse infrastructure sectors. BIL thrives in the EPC & Real Estate Development Business, undertaking projects ranging from the construction of bridges, flyovers, and highways to airports, buildings, tunnels, and even mining projects. They have successfully developed and managed the largest shopping mall in Northeast India, showcasing their expertise in large-scale infrastructure projects.

The company has a market cap of over Rs 200 crore and has an order book of Rs 1,150 crore along with its Joint operations as of March 31, 2025. The stock is up over 90 per cent from its 52-week low of Rs 36.23 per share.

Disclaimer: The article is for informational purposes only and not investment advice.